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November 14, 2013 – Bangalore Aviation

Daily Archives: November 14, 2013

As Competition Commision clears Jet-Etihad merger, it is goodbye Jet and hello Jetihad

November 14, 2013 Comments Off on As Competition Commision clears Jet-Etihad merger, it is goodbye Jet and hello Jetihad

by Devesh Agarwal On Tuesday, beleaguered Indian carrier, Jet Airways cleared its final hurdle in its $397 million quest to sell a 24% stake to Abu Dhabi based Etihad Airways PJSC, when the Competition Commission of India (CCI), cleared the deal paving the way for the Naresh Goyal promoted Jet to receive desperately needed cash from the deal. The Union …

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